Ethereum Sees Increased Spot Holdings Amid Market Recovery

Ethereum is experiencing a quiet increase in spot holdings, driven by non-leveraged transactions, according to ChainCatcher. Despite a rebound over the past two to three weeks, the medium-term configuration logic for ETH remains intact. The previously noted recovery signals continue to persist, with technical indicators showing improvement and on-chain data warming up. The market's pricing of pessimistic expectations has softened, at least for the current stage, easing short-term downward pressure source: https://www.binance.com/en/square/post/35333338926650?utm_source=BinanceNewsRSS